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这里所讲的“市场”是指企业债券市场(包括商业票据市场)和股票市场(主要是主板),而非创业板(如不指明,则包括中小板)和场外交易市场。一般来讲,只有那些实力雄厚、经营稳定的大型企业才能通过债券市场和股票市场直接融资。一旦我们深入考察当前我国的金融结构和金融机构的逐利本性,就能够发现这一论断是有据可查的。发展和繁荣“市场”是缓解中小企业融资难的必要条件,其作
As used herein, “market” refers to the corporate bond market (including the commercial paper market) and the stock market (mainly the main board) rather than the GEM (including the small board if not specified) and the OTC market. In general, only large, well-run and large-scale enterprises can finance directly through the bond and equity markets. Once we examine in depth the current financial structure of our country and the interest-seeking nature of financial institutions, we can find that this conclusion is well documented. Development and Prosperity “Market ” is a necessary condition for alleviating the difficulty of financing for SMEs